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Global Power Gets Truncated Exclusivity Extension

Law360 (July 13, 2007, 12:00 AM EDT) -- The judge overseeing Global Power Equipment Group Inc.'s Chapter 11 proceedings has entered a bridge order extending the power equipment designer and fabricator's exclusive rights to file and seek support for a reorganization plan, but stopped short of granting the lengthier extension Global Power had asked for in June.

U.S. District Judge Brendan L. Shannon on Thursday signed off on the order pushing the exclusivity period deadline back to Aug. 22, and extending the exclusive solicitation period through Oct. 22.

When Global Power filed its motion...
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